Then what happens is the lender reports your payment history to the credit bureaus and each time hereafter if you ask for another loan and the lender pulls your credit then they are going to see your payment history and whether you made your loan payments or not which will likely influence whether or not they lend you money. 

Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

You know those one day measurements are always what we need to go by..On another note, this is like the People who step on a scale in the morning and weigh 175lbs then in the evening they weigh 180lbs then in the morning 175lbs .

Ill try to keep this concise as there are some questions I would like to have answered and some guidance.

Central location works best like you want.

I look forward to bringing a fresh perspective to this community—feel free to reach out if you'd like to grab coffee or lunch!

Hey Devon,It sounds like you’re at a crossroads with your current duplex situation.

Hey Sophia,It seems like you’re trying to decide between keeping or selling your rental properties.

There are also a large number of accountants we work with who say that as long as it is done at arms length as a business like transaction then they are fine with it. 

The hilly terrain is a main reason for this and you can't really see that on a map so knowing the areas is key.We have old housing stock as well so big things like plumbing and electrical can vary cost wise if they have or haven't been updated.